Protect The Future Of Your Business With A Buy-Sell Agreement
A co-owned business can benefit from a buy-sell agreement or buyout agreement. Such agreements set the terms for a buyout in the event one of the owners leaves the company. Without a buy-sell agreement in place, both the remaining owners and departing owners can be left unsure of their responsibilities. Such a situation is fertile ground for contentious legal disputes.
At Kaplan & Moon, PLLC, we have experience preparing a broad range of legal documents. If you are seeking representation for establishing a buy-sell agreement in Texas, our lawyers are here to protect your rights and interests.
Buy-Sell/Buyout Agreements In Texas
A buy-sell agreement is a contract between owners that governs:
- When owners can sell their interest in the company
- The price to be paid for the interest in the company
- Who is buying the interest in the company
Buy-sell agreements can go into effect when a co-owner retires, becomes disabled, dies, goes through bankruptcy, or leaves the business relationship for some other reason.
Buy-sell agreements can govern procedures for selling an ownership interest to a third party or when one or more owners buy out a departing owner.
Whatever your situation, we can help you establish a buy-sell agreement that protects your interests when going into a business partnership.
Contact Our Attorneys
If you need representation for establishing a buy-sell agreement in Texas, our lawyers are here for you. Contact us online or by telephone at 214-522-4900 to arrange a consultation with a skilled buyout agreement lawyer in Dallas.